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20121129
20121207
Search Results 0 to 5 of about 6 (some duplicates have been removed)
spending cuts but no tax rate increases. here is a picture of president barack obama answering questions on twitter about the fiscal cliff. he is promoting a reference to the estimated tax increase and middle income families would see if rates are not extended, the latest would extend tax cuts for everyone including americans and who the president wants to exclude. the white house says the proposal is too short on specifics. >> we can't guess what they are, they need to tell us and they look forward to the time when they are specific with the ways we have dealt with it. >> they don't like what republicans want to do to social security and more on that during my next update. reporting live, allison burns, ktvu channel 2 morning news. >>> 5:14 in florida, they have released a photo of george zimmerman, showing george zimmerman with a swollen nose and blood did i face. they responded and said it adds nothing new to the case. the volunteer watch man is charged with second-degree murder and his trial is due to begin next june. >>> contra costa police officer was taken to the hospital after an
. >> and the weather. >> gretchen: the third thing is that the white house leaks are now saying that president obama actually maybe wants to go over the fiscal cliff if the republicans do not agree to raising income tax rates even though yesterday they agreed to these deductions and loopholes and getting rid of them, which essentially many people argue, would do somewhat of the same thing. your thoughts? >> right. so there are going to be consequences for syria if they use chemical weapons and the president thinks there is going to be severe consequences for the republicans if, in fact, we go over this precipice and raise your hand if you're tired of this cliche about the fiscal cliff. he thinks look, the republicans will suffer terribly, the country will be thrown into some turmoil, he thinks and he thinks he's the winner either way. it's easy for the president and his team to go out there and posture on this. but both sides are playing this game a little bit. the republicans are doing the same thing. they're play to go their base. they want to make sure that regardless of what ends up happening at
with a report from newshour congressional correspondent kwame holman. >> we're going to have to see the rates on the top two percent go up. we're not going to be able to get a deal without it. >> reporter: in his first interview since the election, president obama rejected a proposal from house speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to prosperity or to cut our way out of this deficit problem that we have. we're going to need more revenues. in order to do that, that starts with higher rates for the folks at the top. >> reporter: the president did say today he would consider lowering rates again for the top two percent next year as part of a broader tax overhaul. the house republican plan envisions $2.2 trillion in deficit reductions over the next decade. $800 billion would come from new revenues but with no hike in tax rates for top earners. instead the plan relies on $1.2 trillion in reduced
Search Results 0 to 5 of about 6 (some duplicates have been removed)